Aditya Birla Sun Life MF introduces FMP - Series UQ (92 days)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Aditya Birla Sun Life Mutual Fund (MF) has launched Aditya Birla Sun Life Fixed Maturity Plan (FMP) - Series UQ (92 days), a Close ended Debt Scheme with relatively low interest rate risk and moderate credit risk. The NFO opens for subscription on December 07, 2023 and closes on December 11, 2023. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Rs 10 thereafter.
The performance of the scheme will be benchmarked against CRISIL Ultra Short-Term Debt Index and its fund manager is Mohit Sharma.
The investment objective of the scheme is to generate income by investing in a portfolio of fixed income securities maturing on or before the tenure of the Scheme.
